It forced the company to delay a much-anticipated earnings report.
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The New York Times

Nov. 25, 2024, 10:12 a.m. ET

BREAKING NEWS

A large Macy’s logo on the side of a building surrounded by traffic on a city street corner.
John Taggart for The New York Times

Macy’s Discovers Employee Hid Millions in Delivery Expenses

An employee had improperly accounted for up to $154 million over the past few years, the company said, forcing it to delay a much-anticipated earnings report that Wall Street uses to gauge the strength of holiday shopping.

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